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Business for Sale Summary

Deli Convenience Store near Flatiron District - 28238

Business Type: other food stores,best deals!,new to market,convenience store,delicatessen/catering services
Deli Convenience Store near Flatiron District
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Financial Information (non-confidential)

General Information
Asking Price $315,000 Down Payment $315,000
Gross Revenues $1,456,000 Lease Remaining Register Free to View
Owner’s Cash Flow $180,000 Number of FT Employees Register Free to View

Financing

$315,000 Down and

Business Description

Located on one of Manhattan's major cross streets, this already successful deli convenience store ($28,000 in average weekly sales and $15,000 in monthly owner's cash flow) has even more upside potential. You could dramatically boost its deliveries through GrubHub. The store sells cigarettes, beer, pork products and lottery games. 75% of its sales are in cash, the rest are credit cards.There are 8 years left on the lease, inclusive of a 5 year option. Asking $315K, only 1.75 times the owner's discretionary cash flow of $180K/year, this one won't last long. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.